Is Idaho Strategic Resources, Inc. (IDR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.3% / 30% | 1.5% / 30% | 0.3% / 30% | 1.51% / 5% | ✓ HALAL |
| DJIM | 0.3% / 33% | 1.5% / 33% | 0.3% / 33% | 1.51% / 5% | ✓ HALAL |
| MSCI | 3.9% / 33% | 20.2% / 33% | 3.6% / 33% | 1.51% / 5% | ✓ HALAL |
| S&P | 0.3% / 33% | 1.5% / 33% | 0.3% / 33% | 1.51% / 5% | ✓ HALAL |
| FTSE | 3.9% / 33% | 20.2% / 33% | 3.6% / 50% | 1.51% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 67.3% | |
| Operating Margin | 62.6% | |
| Net Margin | 39.4% | |
| Return on Equity (ROE) | 22.0% | |
| Return on Assets (ROA) | 12.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $11M |
| Free Cash Flow | $5M |
| Total Debt | $2M |
| Debt-to-Equity | 2.1 |
| Current Ratio | 14.0 |
| Total Assets | $44M |
Price & Trading
| Last Close | $26.35 |
| 50-Day MA | $37.85 |
| 200-Day MA | $32.21 |
| Avg Volume | 480K |
| Beta | 0.9 |
|
52-Week Range
$12.20
| |
About Idaho Strategic Resources, Inc. (IDR)
Idaho Strategic Resources, Inc., a resource-based company, engages in the exploration, development, and extraction of gold, silver, and base metal mineral resources in the North Idaho. The company was formerly known as New Jersey Mining Company and changed its name to Idaho Strategic Resources, Inc. in December 2021. Idaho Strategic Resources, Inc. was incorporated in 1996 and is based in Coeur d'Alene, Idaho.
Purification Calculator
As a halal stock with 1.51% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Idaho Strategic Resources, Inc. (IDR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Idaho Strategic Resources, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Idaho Strategic Resources, Inc.'s debt ratio?
Idaho Strategic Resources, Inc.'s debt ratio is 0.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 3.9%.
Does Idaho Strategic Resources, Inc. require dividend purification?
Yes, Idaho Strategic Resources, Inc. has an impermissible income ratio of 1.51%, which means 1.51% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Idaho Strategic Resources, Inc.'s key financial metrics?
Idaho Strategic Resources, Inc. has a market capitalization of $433M, trailing P/E ratio of 24.0, and revenue of $26M. The company maintains a gross margin of 67.3% and a net margin of 39.4%. Return on equity stands at 22.0%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.